The depth of slab dehydration is thought to be controlled by the thermal state of the downgoing slab: cold slabs are thought to mostly dehydrate beneath the arc front while warmer slabs should mostly dehydrate beneath the fore-arc. Cold subduction zone lavas are thus predicted to have interacted with greater extent of water-rich fluids released from the downgoing slab, and should thus display higher water content and be elevated in slab-fluid proxies (i.e., high Ba/Th, H2O/Ce, Rb/Th, etc) compared to hot subduction zone lavas. Arc lavas, however, display similar slab-fluid signatures regardless of the thermal state of the slab, suggesting more complexity to volatile cycling in subduction zones. Here, we explore whether the serpentinized fore-arc mantle may be an important fluid reservoir in subduction zones and whether it can contribute to arc magma generation by being dragged down with the slab. Using simple mass balance and fluid dynamics calculations, we show that the dragged-down fore-arc mantle could provide enough water (up to ~ 20 - 78% of the total water injected at the trenches) to account for the water outfluxes released beneath the volcanic arc. Hence, we propose that the water captured by the arc magmas may not all derive directly from the slab, but a significant component may be derived by dehydration of the dragged-down fore-arc serpentinites. Fore-arc serpentinite dehydration, if universal, could be a process that explains the similar geochemical fingerprint (i.e., in slab fluid proxies) of arc magmas.